Wednesday, 11 June 2014

Transparency
Market Research Reports included a detailed market survey and analysis trends
on “Phosphoric Acid Market”.
This report also includes more info about basic overview of the industry
including definitions, applications and global market industry structure.

Phosphoric
acid is an inorganic acid and is the largest produced and consumed acid in
terms of value and second-largest in terms of volume after sulfuric acid.
Phosphoric acid is used in the production of phosphate chemicals that typically
find use in water treatment, detergent builders and fire control chemicals
among others. Moreover, phosphoric acid is used in applications such as metal
surface treatments, beverage acidulation and animal feed production. Fertilizer
is the largest application segment of phosphoric acid followed by detergents,
water treatment and metal treatment among several other application segments.
The growing demand for all these applications from end-user industries such as
agriculture, manufacturing and FMCG is expected to drive the global phosphoric
acid market in the coming years.

Phosphoric acid and its
phosphate derivatives exhibit various useful properties such as softening and
complexing agent, buffer agent, dispersing agent, alkalizing capacity, synergy
with surfactants, acidity regulator, corrosion inhibitor, lead precipitation
agent, water fluoridation, scale inhibition, nutrient source, pH control and
precipitation and sequestration of metal ions among others. Owing to such
highly useful characteristics, phosphoric acid and its phosphate derivatives
find use in several applications in the areas such as metal treatment,
detergents and fertilizers. In the metal treatment industry, phosphoric acid is
used for metal cleaning, metal phosphating, in the production of electrical
sheets and in the electropolishing of aluminum. In the detergents industry,
phosphoric acid is used for producing household detergents and industrial
detergents. In the water treatment industry, phosphoric acid and its phosphate
derivatives are used for treating drinking water, waste water and industrial
water.

In the fertilizer
industry, phosphoric acid and its phosphate derivatives are used for the
production of water soluble and liquid fertilizers. Apart from these
applications, phosphoric acid and its phosphate derivatives are used in
ceramics, enamels, refractories, flame retardants, porcelain, glass, glass
fiber, paints, antifreeze, yeast and fermentation chemicals, biofuels such as
biodiesel and bioethanol, refining of vegetable oils and sugar, textiles,
pigments, several food related applications and pharmaceutical
applications.

The regional market for
phosphoric acid and its phosphate derivatives is mainly dominated by Asia
Pacific and this trend is expected to continue in the next six years. The
establishment of Asian countries, especially China and India, as the
manufacturing base for several raw materials and application products is the
main reason behind the growth of phosphoric acid and its phosphate derivatives
market in the Asia Pacific region. Apart from Asia Pacific, markets in the
regions such as the Middle East, Africa and Latin America are growing at an
astounding rate.

The phosphoric acid
market in the countries in these regions such as Brazil, Argentina, South
Africa, Algeria, Sudan, Nigeria, Jordan, Saudi Arabia, Egypt, Iran, Yemen,
Bahrain, Qatar, Kuwait and Israel are anticipated to grow at a rapid rate in
the next few years. Moreover, the North American and European markets are
predicted to generate strong demand for phosphoric acid as these markets are
gradually recovering from the economy crisis. Owing to such positive prospects,
the global phosphoric acid market is expected to maintain an excellent growth
rate in the future.

This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include

North America

Asia Pacific

Europe

Rest of the World

This
report provides comprehensive analysis of

Market growth drivers

Factors limiting market growth

Current market trends

Market structure

Market projections for upcoming
years

This
report is a complete study of current trends in the market, industry growth
drivers, and restraints. It provides market projections for the coming years.
It includes analysis of recent developments in technology, Porter’s five force
model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.

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